Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH)‘s stock had its “buy” rating reiterated by stock analysts at Stifel Nicolaus in a research note issued to investors on Thursday. They presently have a $69.00 price objective on the stock. Stifel Nicolaus’ price objective indicates a potential upside of 17.47% from the stock’s previous close.

Several other equities research analysts also recently commented on the company. Zacks Investment Research downgraded Norwegian Cruise Line Holdings from a “hold” rating to a “sell” rating in a report on Wednesday. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and issued a $64.00 price objective (up from $60.00) on shares of Norwegian Cruise Line Holdings in a report on Tuesday, August 15th. UBS AG reiterated a “neutral” rating and issued a $60.00 price objective (up from $51.00) on shares of Norwegian Cruise Line Holdings in a report on Thursday, August 10th. Barclays PLC lifted their price objective on Norwegian Cruise Line Holdings from $59.00 to $64.00 and gave the stock an “overweight” rating in a report on Thursday, August 10th. Finally, Deutsche Bank AG lifted their price objective on Norwegian Cruise Line Holdings from $53.00 to $59.00 and gave the stock a “hold” rating in a report on Wednesday, August 9th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and ten have issued a buy rating to the stock. Norwegian Cruise Line Holdings currently has an average rating of “Hold” and an average target price of $60.00.

Shares of Norwegian Cruise Line Holdings (NASDAQ:NCLH) traded down 0.20% during trading on Thursday, hitting $58.74. 3,969,968 shares of the company were exchanged. The stock has a market capitalization of $13.40 billion, a PE ratio of 19.85 and a beta of 1.12. The company has a 50 day moving average of $56.56 and a 200-day moving average of $54.01. Norwegian Cruise Line Holdings has a 1-year low of $35.21 and a 1-year high of $61.48.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last released its quarterly earnings data on Tuesday, August 8th. The company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.97 by $0.05. Norwegian Cruise Line Holdings had a return on equity of 16.65% and a net margin of 13.22%. The company had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same period last year, the company earned $0.85 EPS. Norwegian Cruise Line Holdings’s revenue for the quarter was up 13.3% on a year-over-year basis. On average, analysts forecast that Norwegian Cruise Line Holdings will post $3.98 earnings per share for the current year.

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In other news, major shareholder Apollo Management Holdings Gp, sold 5,625,000 shares of Norwegian Cruise Line Holdings stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $54.57, for a total transaction of $306,956,250.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Harry Sommer sold 11,807 shares of Norwegian Cruise Line Holdings stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $58.42, for a total value of $689,764.94. Following the transaction, the executive vice president now directly owns 42,195 shares in the company, valued at $2,465,031.90. The disclosure for this sale can be found here. 0.98% of the stock is owned by insiders.

Hedge funds have recently bought and sold shares of the company. Aviance Capital Management LLC purchased a new position in shares of Norwegian Cruise Line Holdings during the 2nd quarter valued at about $103,000. Toronto Dominion Bank lifted its position in shares of Norwegian Cruise Line Holdings by 12.4% during the 2nd quarter. Toronto Dominion Bank now owns 1,956 shares of the company’s stock valued at $106,000 after buying an additional 216 shares in the last quarter. BB&T Investment Services Inc. purchased a new position in shares of Norwegian Cruise Line Holdings during the 2nd quarter valued at about $121,000. Pacer Advisors Inc. purchased a new position in shares of Norwegian Cruise Line Holdings during the 2nd quarter valued at about $197,000. Finally, Ameritas Investment Partners Inc. purchased a new position in shares of Norwegian Cruise Line Holdings during the 1st quarter valued at about $203,000. 85.80% of the stock is currently owned by hedge funds and other institutional investors.

About Norwegian Cruise Line Holdings

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The Company had 25 ships with approximately 50,400 Berths, as of May 1, 2017. The Company’s brands offer itineraries to various destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii.

Analyst Recommendations for Norwegian Cruise Line Holdings (NASDAQ:NCLH)

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